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The FinTech Chemist: The Race to Zero

Studying the properties and composition that make up the FinTech ecosystem

Welcome to this week’s industry analysis with the FinTech Chemist. When I say ‘the race to zero,’ I don’t necessarily mean absolute zero. Instead, it’s zero in the sense of zero commissions on online stock trades. A few weeks ago, Interactive Brokers announced a new product that offers commission-free stock trades. The pressure quickly mounted on rival retail brokerage firms like Cha ...

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